Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4501 Memphis Ave Cleveland, OH 44144-1912

    • Retail space
    • 2,404 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    $150,000
    Last Sale
    Oct 14, 2020
    $175,000
    Location Intelligence
    Property ID
    US66-2581908
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Evolve Aesthetics Training Academy / Medical Spa
    • Alterna Health Med Spa / Medical Spa

    Property Details for 4501 Memphis Ave

    Year built
    1962
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.45 lot acres
    Property size
    2,404 SF
    Zone code
    LR
    Property type
    Retail space
    APN
    013-28-014
    APU
    1328014

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7166
    Latitude
    41.4395
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,069
    $27,340
    $43,440
    $70,780
    -
    $78,100
    $124,100
    $202,200

    Comparable in this City

    • Value Estimation by Request
      0.07 Acres

      Rdg Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
      Rdg Rd, Cleveland, OH 44144
      View Details
    • Value Estimation by Request
      560,643 SF

      4788 Ridge Rd

      Neighborhood centers • 560,643 SF
      4788 Ridge Rd, Brooklyn, OH 44144
      View Details
    • Value Estimation by Request
      4,689 SF

      4306 Rdg Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,689 SF
      4306 Rdg Rd, Brooklyn, OH 44144-2703
      View Details
    • Value Estimation
      $400,000
      14,112 SF

      4660 Rdg Rd

      RETAIL STORES (PERSONAL SERVICES) • 14,112 SF
      4660 Rdg Rd, Brooklyn, OH 44144-3317
      View Details
    • Value Estimation
      $295,000
      1,200 SF

      3841 Rdg Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      3841 Rdg Rd, Cleveland, OH 44144-1111
      View Details
    • Value Estimation by Request
      1,598 SF

      6775 Memphis Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,598 SF
      6775 Memphis Ave, Brooklyn, OH 44144-2202
      View Details

    Similar Nearby for Sale

    • $2,180,233
      3,804 SF

      Retail Property in Cleveland, OH

      Retail property available for sale in Cleveland, OH.
      6000 Memphis Ave, Cleveland, OH 44144
      View Details
    • Contact for pricing

      Prime Brooklyn Commercial Land

      Three acres, I-480 visibility, high traffic.
      0 Idlewood Dr, Brooklyn, OH 44144
      View Details
    • $949,900
      0.25 Acres

      Prime Brooklyn Apartment Building

      11-Unit Multifamily, Fully Occupied
      4339 Ridge Rd, Brooklyn, OH 44144
      View Details
    • $215,000
      Pending

      Renovated Two-Family Income Property

      Completely renovated two-family home with modern updates and income potential.
      4427 W 49Th St, Cleveland, OH 44144
      View Details
    • Contact for pricing
      58,642 SF

      Cleveland Office Building For Sale

      58,642 SF office building on 4.05 acres.
      4261 Fulton Pkwy, Cleveland, OH 44144
      View Details
    • New
      $324,900
      Pending

      Brooklyn Duplex: Investment Opportunity

      Rare 1988 side-by-side duplex in Brooklyn, Ohio.
      9000 Memphis Ave, Cleveland, OH 44144
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,058 SF

      Retail Space on Fulton Road

      6,058 sq ft retail space in Cleveland, Ohio.
      4250 Fulton Rd, Cleveland, OH 44144
      View Details
    • Contact for pricing
      1,600 SF

      Retail End Cap For Lease

      1,600 SF retail space near Ridge Road and Biddulph.
      4660-4680 Ridge Rd, Brooklyn, OH 44144
      View Details
    • Contact for pricing
      3,102 SF

      Retail Space Near Giant Eagle

      Retail spaces available near Giant Eagle with highway access.
      6300-7106 Biddulph Rd, Brooklyn, OH 44144
      View Details
    • Contact for pricing
      3,500 SF

      Prime Retail Space Available

      Retail space for lease in Old Brooklyn neighborhood.
      4630 Ridge Rd, Brooklyn, OH 44144
      View Details
    • Contact for pricing
      2,300 SF

      Retail Space in Fulton Shopping Center

      Neighborhood shopping center with retail space for lease.
      4215-4273 Fulton Rd, Cleveland, OH 44144
      View Details
    • Contact for pricing
      20,470 SF

      Biddulph Plaza Retail Space For Lease

      Cleveland Retail Strip Center, 2 Spaces Available
      6910 Biddulph Rd, Cleveland, OH 44144
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4501 Memphis Ave
    Cleveland, OH 44144-1912
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.